E.J Holdings Inc.

E.J Holdings Inc.

TTSE:2153
1,840.00
JPY
0.00
(0.00%)
24.85BMarket Cap
Jan 08Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,952.67
1,983.04
1,957.32
2,001.59
2,249.16
1,964.8
2,234.28
2,311.41
2,319.54
2,400.68
2,376
2,720.65
2,616.29
- -
Basic EPS, GAAP
150.15
121.88
82.14
-25.52
84.15
94.67
149.15
187.42
197.43
195.27
193.62
204.06
189.32
- -
Free Cash Flow per Basic Share
207.64
43.5
25.87
82.75
-79.97
1.95
325.28
189.58
27.07
-2.05
174.85
178
104.07
- -
Dividend per Share
3.88
7.41
10.98
12.98
12.98
12.91
19.19
23.16
35.36
44.23
51.28
81.8
63.63
- -
Book Value per Share
1,139.8
1,276.12
1,317.43
1,286.79
1,371.96
1,334.68
1,493.64
1,601.03
1,763.48
1,910.49
2,077.99
2,167.64
2,240.03
2,167.64
Tangible Book Value per Share
1,092.51
1,233.35
1,282.41
1,262.57
1,354.89
1,320.64
1,396.71
1,522.64
1,687.52
1,794.17
1,942.09
1,872.4
2,004.49
1,872.4
Basic Weighted Avg Shares
11
11
11
11
11
13
14
15
16
16
16
16
18
16
Sales/Revenue/Turnover
22,147
22,747
22,470
22,978
25,819
26,172
30,394
34,334
36,668
37,509
37,207
42,705
46,586
- -
Operating Margin (%)
12.62
10.63
9.94
5.44
6.2
6.56
9.84
11.25
12.26
11.88
11.71
10.51
10.04
- -
Depreciation Expense
328
310
329
339
281
343
464
491
468
539
619
859
925
- -
Net Income, GAAP
1,703
1,398
943
-293
966
1,261
2,029
2,784
3,121
3,051
3,032
3,203
3,371
- -
Effective Tax Rate (%)
11.7
11.31
26.77
- -
39.41
10.88
35.44
30.97
33.5
33.01
33.9
34.94
32.78
- -
Profit Margin (%)
7.69
6.15
4.2
-1.28
3.74
4.82
6.68
8.11
8.51
8.13
8.15
7.5
7.24
- -
Working Capital
7,526
8,753
9,556
10,993
8,838
10,595
11,573
15,759
17,134
18,189
20,067
23,772
28,327
23,772
LT Debt
14
5
6
765
528
294
897
580
392
180
82
6,922
6,363
6,922
Total Equity
13,072
14,707
15,187
14,772
15,749
18,148
20,324
25,496
27,544
29,868
32,591
34,052
40,275
34,052
Return on Invested Capital (%)
12.22
8.9
5.72
- -
5.79
8.37
9.17
10.45
10.29
9.79
8.81
7.55
6.86
- -
Return on Capital (%)
12.67
9.39
6.11
- -
6.02
7.23
10.11
11.61
11.46
10.47
9.64
8.73
7.74
- -
Return on Common Equity (%)
14.08
10.11
6.33
-1.96
6.33
7.44
10.55
12.15
11.77
10.63
9.71
9.61
9.07
- -

Capital Structure

JPY

•

in mil. unless spec.
Aug'25
Nov'25
May'25
ST Debt
- -
2,718
517
LT Borrowings
- -
7,092
6,846
LT Finance Leases
- -
- -
76
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
28,208
26,025
24,847

Working Capital

JPY

•

in mil. unless spec.
Aug'25
Nov'25
May'25
Total Current Assets
- -
29,379
33,829
Cash, Cash Equivalents & STI
- -
13,201
21,459
Accounts Receivable, Net
- -
5,182
7,319
Inventories
- -
9,028
3,707
Total Current Liabilities
- -
10,375
10,057
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,718
517
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.49%
9.67%
18.27%
Free Cash Flow
792.31%
-1,776.03%
-33.68%
Net Income, GAAP
-41.2%
4.03%
5.25%
Sales/Revenue/Turnover
7.72%
6.43%
9.09%
Total Cash Common Dividend
- -
30.09%
-11.76%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,207
4,672
8,264
21,064
37,207
2025
- -
- -
- -
- -
42,705
2026
- -
- -
- -
- -
46,586

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-41.97
-21.05
36.1
220.15
193.62
2025
- -
- -
- -
- -
204.06
2026
- -
- -
- -
- -
189.32

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
51.28
2025
- -
- -
- -
- -
81.8
2026
- -
- -
- -
- -
63.63

Company Description

CEO
Yuji Kotani
Full Time Employees
2,144
Sector
Industrial services
Industry
Engineering & construction
Address
3-1-21 Tsushimakyomachi Okayama OKY Japan 700-0087
IPO Date
Jun 1, 2007
Business
E J Holdings Inc. engages primarily in the civil engineering consulting business, offering a comprehensive range of services including environmental consulting, disaster prevention and maintenance, government support, research and development, and engineering surveys. The company delivers construction consulting services, engineering surveys, construction supervision, and related project management support primarily in Japan, with expanding international operations. Founded in 2007 and headquartered in Okayama, Japan, E J Holdings operates through subsidiaries that focus on these core areas. The company recently undertook significant strategic expansions by acquiring notable electrical contracting firms to strengthen its geographic and service footprint in the United States. In March 2025, E J Holdings acquired EC Electric, a full-service electrical contractor based in Portland, Oregon, known for its expertise in data centers and chip plants, enhancing E J Holdings’ presence on the U.S. West Coast. Furthering its U.S. expansion, the company also acquired State Electric, a full-service electrical contractor operating in New England, to reinforce its Northeast presence. In addition, in late 2024, E J Holdings entered into an agreement to acquire Tokyo Soil Research Co., Ltd. from ORIX Corporation, signaling a move to broaden its environmental and geotechnical service offerings. E J Holdings also completed a strategic acquisition of Fondatel Lecomte, a Belgian foundry, bringing related companies and operations under its umbrella, which supports its global expansion and diversification efforts in construction and engineering services. The company manages its business through a blend of consulting, technical services, and engineering support targeted at governmental bodies, private sector clients, and infrastructure projects across the Asia-Pacific, Europe, and North America regions. E J Holdings also undertook a new share issuance and secondary offering to fund mergers and acquisitions, repay borrowings, and invest in strategic growth initiatives, reflecting a focus on growth through acquisition and capital investment. The company’s product and service portfolio is composed of civil engineering consultancy; environmental assessment; disaster prevention and infrastructure maintenance; government regulatory support; research and development in engineering technologies; electrical construction contracting, especially in data center and semiconductor facilities; and soil and geotechnical research services. The company maintains its listing on the Tokyo Stock Exchange Prime Market (ticker 2153.T) and continues to expand its operational scope, blending traditional engineering consulting with construction and technical services tailored for advanced infrastructure markets.